Property profile

308 Rhode Island Ave Oklahoma City, OK 73117

FOR LEASE
Warehouses
Property ID
US69-0397376
10,000 SF 5.5 ac lot Built 1956
Entity Owned 2-yr Hold Free & Clear
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308 Rhode Island Ave, Oklahoma City, OK 73117 For Lease
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308 Rhode Island Ave, Oklahoma City, OK 73117
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Property summary

AI-generated overview

This exceptional 1.82-acre industrial lot, located at 308 Rhode Island Ave, Oklahoma City, OK 73117, presents a unique opportunity for businesses seeking a strategic location with excellent accessibility. Zoned I-2, this single-tenancy property boasts a fenced perimeter, level terrain, and ample space ideal for various industrial uses, including storage or outdoor workspaces. Its prime location just north of the Oklahoma River offers easy access to major thoroughfares such as I-44, I-35, and I-235, simplifying transportation and logistics. The property is conveniently situated off Kellham Drive, just south of NE 4th Street, providing easy access to NE 4th Street, Martin Luther King Avenue, and I-40. This versatile lot in Oklahoma County's South submarket offers a combination of prime location, convenient access, and ample space, making it an attractive option for a variety of industrial needs. The lot size is 1.82 acres, and the cross street is NE 4th St. This is a truly exceptional opportunity to establish your business in a highly accessible and well-connected location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1956
Construction STEEL FRAME
Total area 10,000 SF
Lot 5.5 ac (239,580 SF)
APN 13-360-6010
UPID US69-0397376

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply
  • Storage Facility

Location

308 Rhode Island Ave Oklahoma City, OK 73117
Oklahoma City metro Census 109500 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
Last sale
$250,000
3 recorded transactions
2023
$102,000
2012
$250,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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